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15 power producers bid for Meralco’s 200MW baseload requirement

Joined competitive selection process (CSP) pre-bid conference

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Fifteen power generation companies have submitted expressions of interest to supply the Manila Electric Company’s (Meralco) 200-megawatt renewable energy (RE) baseload requirement.

In a news release on Friday, the Pangilinan-led Meralco said the firms that joined the competitive selection process (CSP) pre-bid conference on Thursday are ACEN Corporation, AP Renewable Energy Corporation, Bac-Man Geothermal Inc., Energy Development Corporation, First Gen Hydro Power Corporation, GNPower Kauswagan Ltd. Co., GNPower Mariveles Energy Center Ltd. Co., Green Core Geothermal Inc., Mariveles Power Generation Corporation, Negros Island Solar Power Inc., SanMar Solar Inc., Sinocalan Solar Power Corporation, Sual Power Inc., Therma Luzon Inc., and Therma Visayas Inc.

"The strong interest from the participating power generation companies affirms the effectiveness of the CSP as a mechanism for securing sufficient and least-cost supply for our customers," Meralco Bids and Awards Committee Chairperson Lawrence Fernandez said.

"We look forward to receiving their offers on the Bid Submission Deadline scheduled on February 16."

Meralco said the power supply agreement with the winning bidder, subject to approval by the Energy Regulatory Commission, will enable the company to comply with the government’s renewable portfolio standards.

"Aligned with its annual Power Supply Procurement Plan approved by the Department of Energy (DOE), Meralco conducts open and transparent CSPs in full compliance with government rules and regulations,” it said.